There is a tremendous amount of outstanding student loan debt in the U.S., $1.762 trillion! Of that, $1.606 trillion, 91.2% is federal student loan debt. There are 43.4 million borrowers with federal student loan debt, and their average balance is $37,014. There may be a way out if you can count yourself among those with outstanding federal student loan debt. We’ll explain what you need to know about Public Service Loan Forgiveness.
he cost of higher education has skyrocketed over the last two decades. Below are some 2022 numbers: The average cost of college has more than doubled in the 21st Century growing at 6.8% per year. The average cost of college is $35,331 per student year, including tuition, books, supplies, and living expenses.
Have you ever tried to drive to an unfamiliar destination without a map? Well, okay, a GPS these days! What would happen if you did? You’d very likely get lost. You’d drive in circles, backtrack, waste time, gas, and money. The same can happen when you don’t have a financial plan.
There are hundreds of personal finance books, podcasts, and documentaries available, so many that no one could read, listen, or watch them all.
